New Delhi, Feb. 4 -- Larsen & Toubro (L&T) share price jumped over 4% on Tuesday after the company announced receipt of a 'major' project. L&T shares jumped as much as 4.19% to Rs.3,425.00 apiece on the BSE.

The construction and engineering major Larsen & Toubro said that its Minerals & Metals (M&M) business vertical will set up a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a client in the Middle East & North Africa (MENA) region.

"These pertains to a major order secured earlier from the client - a leading steel producer in MENA and are part of the global initiative towards decarbonisation. The scope of work includes design-build Pellet and DRI plants encompassing engineering, supply, erection and construction works base...